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Technology Stocks : Sigma Designs- Up 50% per Month- Why? -- Ignore unavailable to you. Want to Upgrade?


To: Trooper who wrote (539)11/3/1998 8:28:00 PM
From: Daniel Simon  Read Replies (2) | Respond to of 849
 
Does this company report in 2 weeks? Any expectations?
I think the stock will start to move up to around 3 by earnings (loss) day. I also expect that sigma will report a wider than expected loss as they write down about 1 million old inventory. Revs will be about flat with last Q and they will say that next quarter will be profitable. After which point the stock should begin trading around book (i.e. $3.5). I'm using last Qs numbers $43mil = total assets and 12mil shares.
These are all guesses. Maybe someone more knowledgeable will speak up.